Coinbase ranks only 260th on the US App Store, indicating that retail investor participation remains relatively low.


On September 16th, it was reported that although Bitcoin's dominance has recently become an important indicator of the altcoin rotation opportunity, the ranking of the Coinbase app store provides a unique perspective for measuring retail participation - this indicator has often accurately predicted the market's FOMO sentiment in history. When the app ranking climbs to the top, it often coincides with the peak of the cycle, and its value in identifying the peak of mainstream retail interest has been validated multiple times. Currently, Coinbase is ranked 260th in the US app store, indicating that despite the recent rise in mainstream cryptocurrencies, retail participation remains relatively subdued. At first glance, this ranking seems to imply that the market is still in the early stages, but historical precedents show that the ranking will fluctuate sharply when retail sentiment changes.